AtechX and JM enter partnership to advance innovation in residential construction

AtechX, Aroundtown’s scale-up programme, is expanding its international partner network with JM, a Nordic residential property developer and construction company. Through the partnership, JM will gain early access to innovative technologies and business models from AtechX’s international start-up ecosystem, while start-ups supported by AtechX will be able to gain industry expertise, test and further develop their solutions across JM’s portfolio.

The collaboration may lead to joint pilot projects and partnerships, as well as potential investments in selected companies over time. Participating start-ups will also benefit from JM’s industry expertise and practical experience. Together, the partners will focus on identifying and further developing solutions that improve efficiency, reduce lead times and resource utilization in residential development and construction.

JM contributes extensive expertise in residential development and construction to the AtechX network. Key areas of focus include innovative materials with a lower climate impact and circularity, new energy systems, and technologies for automating design and construction processes. The aim is to identify solutions at an early stage that can create tangible value for day-to-day operations while also contributing to more efficient and resource-conscious construction processes.

“With JM, we are gaining a partner that combines extensive operational experience in residential development with a clear interest in new technologies. This exchange between established market players and innovative start-ups is a core element of AtechX. Together, we can further develop solutions under real-world conditions at an early stage and accelerate their path into practical application,” says Angie Mahtaney, Principal at AtechX.

“Innovation is key to developing a more efficient and resource-efficient construction industry. Through our partnership with AtechX, we gain early access to promising startups and new technologies. It is an opportunity to both accelerate innovation and develop approaches that can create value for us,” says Johan Wiksell, Head of Ventures at JM.

AtechX takes a consistently practice-oriented approach, connecting start-ups and scale-ups with leading companies in the real estate industry and with real estate portfolios where their solutions can be tested in real-world settings. During a four-month tailored programme, young companies develop and test their innovations directly in practical environments, ranging from residential properties and hotels to office buildings, property operations and property management. Experienced experts from across the real estate industry support the start-ups in aligning their solutions with specific market requirements and developing scalable business models.

AtechX start-ups gain access to Aroundtown’s extensive European portfolio as well as to the portfolios of the AtechX partner network, including Apleona, LEG Immobilien, Prologis, Round Hill Capital, Schwarz Digits, Stoneweg, Supernova Group and Vonovia. They also gain access to venture capital funds including Fifth Wall, noa, Realyze Ventures, The Bau Ventures and Zacua Ventures. With JM joining the network, AtechX is adding further expertise in residential development and construction.

About AtechX

AtechX is Aroundtown’s scale-up program, supporting innovative start-ups in testing and scaling market-ready solutions for the real estate industry under real market conditions. The focused four-month programme is designed for companies developing technologies across the entire real estate lifecycle – from financing and planning to leasing and operations – covering all asset classes, including residential, commercial and hospitality properties.

Start-ups supported by AtechX gain access to the extensive portfolios of its partner network, including Apleona, Aroundtown, LEG Immobilien, Prologis, Round Hill Capital, Schwarz Digits, Stoneweg, Supernova Group, Vonovia and JM, with a combined portfolio volume of more than €400 billion. In addition, they benefit from access to venture capital funds from Fifth Wall, noa, Realyze Ventures, The Bau Ventures and Zacua Ventures, with a total volume of €3 billion. This creates a unique, hands-on environment in which to validate technologies, further sharpen their market fit and advance concrete implementation projects with the support of experienced real estate experts.

More information: www.atechx.de

About Aroundtown

Aroundtown is one of Europe’s largest real estate companies, listed on the MDAX and specializing in high-quality, income-generating properties with value-add potential in central locations, primarily in Germany, the Netherlands and London. The portfolio mainly comprises office, residential and hotel properties. A professional organization, flexibility, innovative strength and comprehensive tenant services make Aroundtown a reliable partner for growth and success. Aroundtown is one of the leading sustainability players in the European market and is strongly represented in renowned ESG indices, including the Dow Jones Best-in-Class Index. Aroundtown has received multiple EPRA BPR Gold Awards and EPRA sBPR Gold Awards for its transparent financial and sustainability reporting. With its scale-up program AtechX and its workspace platform ATworld, Aroundtown actively drives innovation and new business models in the real estate industry. In addition, Aroundtown works together with ZIA to help shape a future-ready real estate sector.

www.aroundtown.de

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